CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.
Metro: San Francisco Bay Area
Country: United States
Region: North America
Address: 3045 Stender Way, Santa Clara, CA 95054
Utility Provider: Silicon Valley Power
Total Building SqFt: 175,000
Gross SqFt: 108,000
Total Power: 18.0 Megawatts
CoreSite completed construction on SV8 phases I and 2 in the second half of 2019.
At full build-out, SV8 will utilize ten 3-MW backup diesel generators all based on the rooftop. Each generator will have an 80-gallon diesel fuel tank installed next to the generator